#Solana #solusd #solusdt is facing resistance at the 50-day EMA at $25.40 and 2022 breakout levels around $29.76. The Moving Average Convergence Divergence (MACD) indicator, a momentum indicator, shows a divergence between the price rally and the MACD indicator, hinting at a possible reversal. The support level lies at $20.

Read the complete news and earn crypto for free 👏🏻

#Bitcoin #btc #btcusd #btcusdt long positions across derivatives exchanges saw the largest liquidations so far this year. About $253 million in longs were liquidated, according to data from The Block. Most of the volume was on Binance and OKX, which saw $95.4 million and $85.2 million in liquidations, respectively. - source.

USD 17.3 million of deposits from US commercial banks are gradually falling and represent 65% of GDP, as reported by eToro. - read more - source.

#Bitcoin #btc #btcusd #btcusdt saw substantial gains in market share this quarter as traders fled even stablecoins for safety after regulatory challenges and banking turmoil. - source.

Close to 1.5 million #Ether #etherum #eth has been withdrawn since the Shanghai upgrade on Wednesday 12th of April. Two-thirds of these withdrawals are built-up rewards from past validator duties. - source.

The OI in #CME's #Ether futures has grown by a whopping 39% since Shanghai upgrade, while #BTC activity reigns stale - source.

The number of unique #NFT buyers on the main marketplaces began to decrease significantly in April. - source.

A few hours after the closing of options contracts #Bitcoin #btc #btcusd #btcusdt shows a correction trend. The confirmation would be if the resistance of $28157.26 is broken. - read more.

Since The Merge moved #Ethereum away from an energy-intensive proof-of-work consensus mechanism to a more environmentally friendly proof-of-stake method, the supply of ether has declined by more than 100,000 coins. - read more.

Examining Futures Markets And The Function Of Copy Trade Within The BYDFI Exchange - BYDFiii Is Better Option #ads

BYDFI could be the most innovative alternative to Binance and Bybit.

We are participating in a contest in publish0x, support us with your hand up and get crypto for free.

#Ethereum #DEX Volume Dominance Decreasing

Ethereum mainnet’s role as the hub for DEX trading volumes is showing signs of weakness. For the first time since the end of 2021, Ethereum’s 90 day moving average in DEX trading volumes is beginning to decrease. - source.

Monthly #DEX volume on #Arbitrum and #Optimism now sits at around 20% of #Ethereum’s monthly volume. - read more.

#Tether Continues To trade At A Slight Premium

#USDT has been trading at a premium on centralized exchanges ever since the March banking crisis, which saw traders rotate funds out of USDC amid fears surrounding Circle's reserves. - read more.

Token Prices Largely Rallied Across All Sectors, But #BTC #Bitcoin Outperformed Most Of Them

All top 5 cryptocurrencies recorded double digit gains. BTC outperformed everyone else with a 72% increase, followed by #ADA (+62%), #XRP (+58%), #ETH(+52%) and #BNB (+52%). - source.

#BTC #Bitcoin Open Interest Falls As Longs Are Liquidated

After starting the month around $7.5B we saw about $500m of liquidation, before a huge run up of new contracts opened on April 10th. - read more.

Over the past 6 months, #Bitcoin's correlation with the S&P 500 and #Nasdaq has waned considerably.

Correlations with Gold were also waning over the same time period until the SVB collapse and US gov intervention. - source.

#Bitcoin market found resistance this week, reverting from the weekly high above $30,456k, back down to a low of $27,169k. - read more.

The Web3 games that have the most players this year so far are Alien Worlds (world-building strategy game) and Splinterlands (trading card game), which have an average of around 130K+ players daily. - read more.

Q1 2023 was #Ethereum’s second quarter of negative net issuance. As market sentiment improved, there was an uptick in on-chain activity, which led to higher fees and greater burn. read more.

Active addresses on #Ethereum fell over the week to a daily average of 454K per day, a drop of 21% from the week prior. read more.

#Gold, one of the world's oldest and most revered assets, is experiencing a boom time. - read more.